"The pound is expected to continue to hold its own against a strengthening dollar as the UK continues to reap the benefit of its vaccination programme. The country is set to see two significant easings of lockdown restrictions in the coming weeks.

First, next week the restriction on the number of people who can meet outside will be eased, then on April 12th all non-essential shops will be allowed to open.

Economically the first quarter is likely to be a washout as businesses have been unable to operate for the entire period. However, Q2 is likely to more than make up for the slowdown by producing possibly the highest month on month turnaround since records began.

The easing of tensions between the UK and EU over delivery of vaccines will provide a short-term benefit to the economy. Other than the U.S. where the level of stimulus is far higher the UK is set to outperform all its G7 partners.

"

Beyond Currency Market Commentary:

Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.